Ocean Installer Clinches Johan Castberg Deal from Statoil

Ocean Installer has received a substantial contract from Statoil for marine operations on the Johan Castberg project in the Barents Sea.

Johan Castberg is amongst the largest subsea projects ever to be developed on the Norwegian Continental Shelf. The field developments spans Skrugard, Havis and Drivis, located approximately 240 km from Hammerfest and 100 km north of Snøhvit.

“We are very excited to accompany Statoil as they extend further North, and to be recognized as a trusted supplier capable of installing such a high volume and variety of subsea infrastructure. This builds on the significant experience and track record with regards to safety and quality we have accrued working with Statoil for several years,” said Steinar Riise, Ocean Installer CEO.

The Johan Castberg development will be one of the most significant projects on the NCS, and we are naturally very pleased to be a part of it. Our team has been working in close cooperation with Statoil on the FEED study for Castberg since April of 2016, and to see our work pay off now is very satisfying,” Riise added.

Ocean Installer will be involved with Johan Castberg throughout the entire development phase, until the floating production, storage and offloading (FPSO) unit is hooked up in 2022, with offshore operations in the summer seasons from 2019-2022.

The project will be managed from Ocean Installer’s Stavanger office.

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